Blockchain Association has rallied support from 160 former national security 
and law enforcement officials for the CLARITY Act as the crypto market 
structure bill awaits consideration by the full U.S. Senate. According to a 
letter sent Tuesday by the Blockchain…

Blockchain Association has rallied support from 160 former national security and law enforcement officials for the CLARITY Act as the crypto market structure bill awaits consideration by the full U.S. Senate. According to a letter sent Tuesday by the Blockchain…

Blockchain Association cites 160 former officials in push for CLARITY Act

Some of the information that New York and the European Union’s watchdogs will 
share includes the issued stablecoin, total volume in circulation and the 
number of holders.

Some of the information that New York and the European Union’s watchdogs will share includes the issued stablecoin, total volume in circulation and the number of holders.

New York and Europe’s finance watchdogs team up to police stablecoins

Bitcoin saw its largest daily drop since early February on Tuesday as the 
cryptocurrency shed more than $4,500 in a single day.

Bitcoin saw its largest daily drop since early February on Tuesday as the cryptocurrency shed more than $4,500 in a single day.

Bitcoin falls below $66K as US and Iran launch new strikes

The sanctions come four days after Treasury Secretary Scott Bessent said the 
US had seized nearly $1 billion in crypto from Iranian crypto exchanges and 
wallets since late February.

The sanctions come four days after Treasury Secretary Scott Bessent said the US had seized nearly $1 billion in crypto from Iranian crypto exchanges and wallets since late February.

US Treasury issues sanctions on Iran, targets 4 crypto exchanges

A cryptocurrency analyst has highlighted how XRP has recently dropped under a 
Symmetrical Triangle, potentially setting a target of $1.14. XRP Has Broken 
Below A Symmetrical Triangle In a new post on X, analyst Ali Martinez has 
talked about a Symmetrical Triangle that the daily price of XRP was 
potentially trading inside before the recent drawdown. The &#8220;Symmetrical 
Triangle&#8221; here refers to a pattern from technical analysis (TA) that forms 
whenever an asset trades between two converging trendlines. Related Reading: 
XRP Sees Biggest Exchange Inflow Of 2026—Shortly Before Even Larger Outflows 
The main feature of the pattern that separates it from other triangular 
channels is that it involves trendlines that approach each other at a roughly 
equal and opposite slope. Thus, as the asset trades inside this channel, its 
range shrinks to a midpoint. Like with other consolidation patterns in TA, the 
upper level of a Symmetrical Triangle is also assumed to be a source of 
resistance, while the lower line that of support. A break out of either of 
these trendlines can signal a continuation of trend in that direction. Now, 
here is the chart shared by Martinez that shows the Symmetrical Triangle that 
was earlier forming in the 1-day price of XRP: As displayed in the above 
graph, XRP spent a couple of months inside the Symmetrical Triangle, but as 
the range became tight in May, a breakout finally took place. The escape, 
however, came in the down direction, with the asset slipping below the support 
level. As mentioned before, ventures out of a Symmetrical Triangle can signal 
the continuation of trend in that direction. This means that the breakdown of 
support can be a bearish signal. From the chart, it&#8217;s apparent that the 
pattern appears to have held for XRP so far, with bearish action continuing 
since the lower level gave out. Based on the trend, the analyst has put a 
target of $1.14 for the cryptocurrency. It now remains to be seen whether the 
coin will march toward this level or if its trajectory will reverse. This 
Symmetrical Triangle shared by Martinez was a short-term pattern. In another 
recent X post, the analyst highlighted a long-term channel that the monthly 
price of XRP has possibly been stuck inside for years now. Related Reading: 
Ethereum Price Falls, But Whales Push Holdings To 10-Week High The pattern in 
question is a Parallel Channel, which involves, as its name suggests, two 
trendlines that are parallel to each other. As the below chart shows, the 
asset retested the resistance level of this channel in 2025, but it ended up 
finding rejection. The cryptocurrency has been going down since this reversal. 
&#8220;If $XRP continues respecting this parallel channel, the mid-range near $0.73 
could become an attractive accumulation zone,&#8221; noted Martinez. XRP Price At 
the time of writing, XRP is floating around $1.23, down nearly 8% in the last 
seven days. Featured image from Dall-E, chart from TradingView.com

A cryptocurrency analyst has highlighted how XRP has recently dropped under a Symmetrical Triangle, potentially setting a target of $1.14. XRP Has Broken Below A Symmetrical Triangle In a new post on X, analyst Ali Martinez has talked about a Symmetrical Triangle that the daily price of XRP was potentially trading inside before the recent &#8230;

XRP Breaks Below Triangle—Will Drawdown Extend To $1.14?

The U.S. Treasury has sanctioned four Iranian cryptocurrency exchanges and two 
senior executives at Nobitex after accusing the platforms of helping 
sanctioned entities access the digital asset ecosystem. According to the U.S. 
Department of the Treasury, the latest action targets…

The U.S. Treasury has sanctioned four Iranian cryptocurrency exchanges and two senior executives at Nobitex after accusing the platforms of helping sanctioned entities access the digital asset ecosystem. According to the U.S. Department of the Treasury, the latest action targets…

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